Arbeitspapier

A theory-based discussion of international technology funding

Climate policy negotiations identi ed international technology funding as a means of achieving carbon emissions reductions in developing countries. Such funds are now being realized. This paper is probably the first theory-based discussion of international technology funding. It sets up a Ramsey model of a developing economy including imports of capital and embodied technologies from abroad. Going beyond a scale, technique and composition effect, it disentangles five resulting economic effects and four technology-related policy levers and their interactions. It then discusses their role in designing an international technology fund with the aim to reduce emissions effciently. The paper concludes that it is ineffcient to address emissions reductions independent of the technological absorptive capacity and other aspects of economic development. Therefore, it opts for an integrated technology funding scheme.

Sprache
Englisch

Erschienen in
Series: Diskussionsbeitrag ; No. 550

Klassifikation
Wirtschaft
International Investment; Long-term Capital Movements
Macroeconomic Analyses of Economic Development
Technological Change: Choices and Consequences; Diffusion Processes
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
Thema
technology fund
climate policy
economic development

Ereignis
Geistige Schöpfung
(wer)
Hübler, Michael
Ereignis
Veröffentlichung
(wer)
Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät
(wo)
Hannover
(wann)
2014

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Hübler, Michael
  • Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät

Entstanden

  • 2014

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